Granite Ridge Reso Inc -Redh Spline ILLIQ Liquidity Analysis
Liquidity prediction for Thursday, July 9th, 2026
1 Day
5,033.62
increased by 322.92
1 Week
4,273.58
decreased by 437.12
1 Month
4,292.87
decreased by 417.83
Analysis last updated: Thursday, July 9, 2026 at 12:05 AM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Sep 16, 2020 to Jul 2, 2026Model Insight
This model fits a time-varying baseline (a spline), so illiquidity mean-reverts toward a slowly-shifting long-run level rather than a constant. Short-run deviations decay with a half-life of 5 trading days.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 5.5923 | 1.88* |
α ARCH Response to squared shocks | 0.1340 | 2.85*** |
β GARCH Volatility persistence | 0.7273 | 7.08*** |
Spline Coefficients
K=8
| γ1 | 8.8513 | 4.16*** |
| γ2 | -13.7277 | -3.71*** |
| γ3 | 11.1819 | 3.06*** |
| γ4 | -14.3594 | -4.79*** |
| γ5 | 13.8670 | 6.81*** |
| γ6 | -7.7582 | -5.94*** |
| γ7 | 2.7338 | 2.48** |
| γ8 | -2.0468 | -1.42 |
Persistence:
0.861
Half-life:
5 days
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